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Summit signs MoU to develop a LNG to power project in Bangladesh
Summit Power International Pte. Ltd, the largest independent power producer in Bangladesh, announced that Summit Corporation Limited, a subsidiary of Summit Power International along with Summit Holdings Limited, Mitsubishi Corporation and its subsidiary Diamond Gas International Pte Ltd have signed a memorandum of understanding (MoU) to develop a LNG-to-Power project at Matarbari, Moheskhali area in Bangladesh, which is expected to cost up to US$3 billion. The signing of the MoU was witnessed by the Prime Minister Sheikh Hasina of Bangladesh and Singapore’s Minister for Trade and Industry (Trade) Lim Hng Kiang at the Bangladesh-Singapore Business Forum 2018, said a Press release from Summit Power International Pte. Ltd Under the MoU, the parties agreed to develop an integrated liquefied natural gas (LNG) onshore receiving terminal with a re-gasification capacity of up to 1,500 million cubic feet per day (mmcfd), two units of 1,200 megawatt (MW) gas turbine combined cycle power projects (total of 2,400 MW), relevant high voltage transmission lines and the import of LNG. Muhammed Aziz Khan, Chairman of SPI said: “Summit has a long-established track record of working with world-renowned technical partners including General Electric, Wärtsilä and now Mitsubishi Corporation and Diamond Gas. This MoU will help SPI support Bangladesh’s fast-growing energy, power and technology needs. It will be a strategic fit for SPI to leverage Mitsubishi’s LNG, and LNG-to-Power expertise as well as understanding of Moheskhali and Bangladesh’s power needs. The two groups are well-positioned to uniquely benefit from opportunities arising from the Bangladesh government’s move to raise LNG imports to meet the country’s domestic natural gas shortfall and expand the country’s power generation capacity.”
‘Explore more wells at Bhola’
March 4, 2018 Sunday 6:47 AM By Staff Correspondent, energynewsbd.com
Energy expert Professor Badrul Imam on Saturday advised to dig more exploratory wells in near the newly discovered gas fields at Bhola. Imam was speaking at the Seminar titled “Bhola Gas Fields and Energy Security” organised by the Forum for Energy Reporters of Bangladesh (FERB) at the Dhaka Club in Dhaka. Previously, he said, almost of the gas fields of the country were discovered in the Surma Basin. “After gas fields were discovered in Bhola, it is now assumed that the Meghna Basin at the southern part of the country has large gas reserve too,” added Prof Imam, who is a Professor at the Geology department in Dhaka University. He asked for conducting exploration at Char Jabbar, Char Jabbar North and Monpura area near the existing two gas fields—Shahbajpur and Bhola North—of Bhola. Prof Imam believes Maheshkhali and Swandip—two islands at the Southern tip—might have gas too. “Bangladesh is neither floating on gas not it has run out of it. I believe, there are still scopes of finding more large gas fields. But we need to conduct appropriate explorations for it,” he said. Dr Imam however believes that the lack of true interest and endeavor has made these explorations still an unattempt task. He said without exploration and eventual discovery of new gas fields, the looming energy crisis of the country could not be mitigated only by import of energy alternatives. Dr Tawfique-E-Elahi Chowdhury, Energy Advisor of the Prime Minister Sheikh Hasina who was the chief guest at the program said, he hoped a total of 1.5 trillion cubic feet (TCF) will be added at the national grid from the gas fields of Bhola. He informed that the government has taken an attempt to construct gas pipeline with which it could bring gas from Bhola to Khulna and Barishal in the mainland. The Advisor also hoped that a 600 MW power plant could be constructed with the gas found in the gas fields in Bhola. “The electricity produced from it could be added to the national power grid.” Dr Elahi stressed on digging more wells in the existing gas fields of the country. “We need fresh assessment of our gas fields. This will beget a scope of finding more gas. We have past examples of finding more gas after re-assessment.” He informed that to mitigate the existing crisis of gas, more explorations are planned. “The government has also taken multiple plans for LNG import.” Surgey Tumanov, managing director of Gazprom EP International BV, Amzad Hossain, former managing director of Bapex, Kazi Matin Uddin Ahmed, Chairman of Geology department of Dhaka University and SM Maqsud Kamal, president of the DU Teachers Association were present at the seminar among others.        
Category: Gas
Govt to build 150 MW plant for Mirsarai Economic Zone
February 10, 2018 Saturday 5:24 PM By News Desk, energynewsbd.com
The government will build a 150 megawatt (MW) dedicated power plant for Mirsarai Economic Zone to supply electricity to the industrial units to be set up there. BR Powergen Ltd, a joint venture (JV) of the two state-owned power companies - Bangladesh Power Development Board (BPDB) and Rural Power Company Ltd (RPCL), will build the power plant at Economic Zone. BR Powergen Ltd inked an engineering, procuring and construction agreement (EPC) with Chinese firm Sinohydro Corporation Ltd at Biduyt Bhaban in the city on February 5, 2018 to implement the power plant project. Md Abdus Sabur, managing director of BR Powergen Ltd and Zhao Qiming, Managing Director of Sinohydro Corporation Ltd signed the agreement on behalf of their organization. Sinohydro will install the power plant as the EPC contractor within the next 15 months at a contract value of US$107 million (Tk 8.90 billion). The deal signing ceremony was also addressed by Power Division secretary Dr. Ahmad Kaikaus, Executive Member (Planning and Development) of Bangladesh Economic Zones Authority (BEZA) M Emdadul Haque, BPDB chairman Khaled Mahmood, Bangladesh Rural Electrification Board (BREB) chairman Major General (retd) Moin Uddin and BR Powergen Ltd managing director Md Abdus Sabur.  
Category: Power
BGFCL earns net profit before tax Tk 392 crore in FY 2016-17
February 10, 2018 Saturday 5:01 PM By News Desk, energynewsbd.com
The 62nd annual general meeting of Bangladesh Gas Fields Company Limited (BGFCL) held on February 09, 2018 at Head office in Brahmanbaria. Nazimuddin Chowdhury, Chairman of BGFCL Board and Secretary of Energy and Mineral Resources Division presided over the meeting, said a press release. BGFCL is the largest state-owned natural gas producing company. The company has an important role to meet-up the country`s energy needs by producing natural gas and processing its by-product condensate into diesel and petrol. After the independence of Bangladesh through the liberation war, the great architect of independence, the father of the nation Bangabandhu Sheikh Mujibur Rahman purchased five gas fields of the then Shell Oil Company namely Titas, Habiganj, Bakhrabad, Rashidpur and Kailashtila at a minimal cost and brought them under state ownership on August 09, 1975. Afterwards, the then Shell Oil Company was renamed as Bangladesh Gas Fields Company Limited (BGFCL) on September 12, 1975. Out of these 5 gas fields, 3 fields: Titas, Habiganj and Bakhrabad and subsequently entrusted another 3 gas fields: Narsingdi, Meghna and Kamta are being operated by BGFCL. BGFCL produces approximately 850 million cubic feet gas daily while total gas production of the country is approximately 2740 million cubic feet per day. It is about 31% of country’s total gas production and about 78% of the production of state-owned companies. Gas is being produced from the 42 wells of 5 fields out of 52 wells of BGFCL’s 6 fields. In the year 2016-2017, the company has produced a total of 301,323.293 million cubic feet of gas at an average daily production of 825.543 million cubic feet. Besides, 28,289,120 liters or 177,919 bbls of condensate also was produced with the gas as by-product. This condensate and some other condensate purchased from SGFL, BAPEX and Tullow, an IOC company, is being fractionated through fractionation plants of Titas and Bakhrabad fields. Fractionated products, MS (Petrol) and HSD (Diesel) are regularly being supplied to national oil companies for marketing. Total recoverable gas reserve in 6 fields of the company is about 12,252,000 million cubic feet, out of that 7,728,392.895 million cubic feet or about 63.08 percent gas has been extracted till June 30, 2017.  During the financial year 2016-2017, company`s gross revenue income stands at Tk. 3,729.24 crore and earned a pre-tax profit of Tk. 392.78 crore. The company has paid TK. 3,225.17 crore to the national exchequer in the form of SD and VAT, DSL, dividend and AIT at source in this year. Considering its’ financial contribution to the national exchequer, National Board of Revenue (NBR) has rewarded BGFCL for third time as the highest value added tax payer company of the country for the financial years 2015-2016. In this fiscal year, the company has carried out various development projects on ADB, Government of Bangladesh and JICA financing for drilling of new wells, workover/recompletion of existing wells and installation of compressors. Under these projects, drilling of one well at Bakhrabad field, drilling of four nos. appraisal cum development wells at Titas Field and workover of six wells have been completed and the company has able to add 92 MMCF of gas in the national grid. Besides, 3 booster compressors has been installed at Bakhrabad gas field in order to continue uninterrupted gas supply from this field. At present, projects for workover of seven nos. wells at different fields and installation of compressor at Titas location ‘C’ and Narsindi gas field and at Titas location-A is in progress. Chairman of BGFCL Board remarked that, being associated with the goal of the present government to have a developed Bangladesh, we must work hard and have to face all the challenges with courage and skill. It is expected that the company can enormously contribute to the national development if it becomes self-reliant and financially solvent equipped with proper training and technology. He thanked company’s officers and employees for their relentless efforts and hard work for the company. He also expressed the hope that shareholders, the Board of Directors, Ministry of Power, Energy and Mineral Resources, Ministry of Finance, Ministry of Planning, National Board of Revenue, Petrobangla, Gas Transmission and Distribution Companies, foreign donors and other concerned organizations will continue their assistance and cordial support to uphold company`s challenges and success in future.     
Category: Gas
Survey finds 87% consumers satisfied with power supply
January 23, 2018 Tuesday 11:45 AM By News Desk, energynewsbd.com
Around 87 percent people are satisfied with the power supply situation in the country, according to a survey conducted by the Bangladesh Bureau of Statistics (BBS). BBS in association with Bangladesh Energy and Power Research Council (BEPRC) conducted the survey on 19,600 mobile phone users during the period between October 2016 and February 2017 to cover winter and summer both. The findings of the survey were released at a press briefing at the Bidyut Bhaban on Monday. BBS director CS Roy presented the report while State Minister for power Nasrul Hamid, EPRC Chairman Shahin Ahmed Chowdhury and BPDB chairman Khaled Mahmud were present on the occasion. Also, almost 80 percent of the people have confidence in power system development plan undertaken by the government, finds the survey. According to the survey, 11 per cent of the respondents said they do not have access to electricity while 7.6 per cent said they get electricity from solar panel. Besides, 82 per cent of the respondents said they are connected with the national grid. Some 19,600 cell phone users -- 73.6 per cent from rural areas and 17.9 per cent from urban areas-- finally took part in the survey. According to the survey, 8.5 per cent of the respondents are engaged in industrial production, 12.2 per cent in irrigation and 24.9 per cent in business while 54.3 per cent do not have any economic activities. Some 13.1 per cent of the respondents said they are not satisfied with electricity service they get. The rest 45.8 per cent said they are satisfied, 11.2 per cent are very satisfied and 29.9 per cent are moderately satisfied. The survey said 12.1 per cent of the respondents use electricity for cooking. Most of power consumers live in city corporation and municipality areas while only 7 per cent live in rural areas. The survey said 79.7 per cent of the respondents have trust in future programmes of the government in power sector while 5.6 per cent shows distrust and rest 14.7 per cent are not sure about the programmes. Speaking at the programme, Prime Minister`s energy adviser Dr Tawfiq-e-Elahi Chowdhury said 90 per cent people in the country accessed to electricity in last nine years. He said though the government covered 90 per cent area of the country with electricity, but the quality of electricity supply was not ensured. "Now we will give more attention to the quality of electricity supply," he said. Power Division Secretary Dr Ahmad Kaikaus said 4,427 MW electricity will be added to the national grid in the fiscal year 2018-19. In May 2016, Bangladesh Energy and Power Research Council (BEPRC) and Bangladesh Bureau of Statistics (BBS) signed a Memorandum of Understanding (MoU) to conduct the opinion survey.    
Category: Power
New gas reserve found in Bhola
January 16, 2018 Tuesday 10:58 AM By BSS
State-owned Bangladesh Petroleum Exploration Company (Bapex) has discovered a new reserve of a significant amount of natural gas in Bhola, a district of the country`s southern region. The new gas reserve, which is found in Bheduria union of Bhola district, is estimated to have 600 billion cubic feet (bcf) natural gas. "With this reservoir, the total gas reserve in Bhola now stands at 1.5 trillion cubic feet (tcf)", Cabinet Secretary Shafiul Alam told a press briefing following the weekly meeting of the cabinet held at Prime Minister`s Office (PMO) with Prime Minister Sheikh Hasina in the chair on Monday. The Cabinet Secretary said Bapex hoped getting more gas in the district, with carrying out more exploration work there. According to Petrobangla, the country has 26 gas fields with remaining reserve of 13.60 tcf as of January 2016. The new gas field in Bhola will be the country`s 27th gas reserve.
Category: Gas
Summit Power International awards 15-year contract to PSA Marine for an LNG Terminal
January 5, 2018 Friday 6:40 PM By News Desk, energynewsbd.com
Summit Power International Pte. Ltd, Singapore, on Friday announced that its subsidiary, Summit LNG Terminal Co. (Pvt) Limited has awarded a 15-year contract to PSA Marine Bangladesh Pte. Ltd, a subsidiary of PSA Marine (Pte) Ltd. Under the contract, PSA Marine Bangladesh will provide berthing, mooring, pilot and personnel transfer services to LNG ships calling at Summit LNG FSRU terminal, with its three escort tugboats, one fast crew boat and one offshore supply vessel, said a press release. The award of this contract marks a significant milestone for PSA Marine and commencement of a long-term partnership with SPI. Together with Summit LNG, PSA Marine Bangladesh targets to commence operations in early 2019. Peter Chew, Managing Director of PSA Marine said, “We have an excellent track record of providing towage services to LNG terminals, be it at the Singapore LNG terminal in Jurong Island or the Oman LNG terminal at Sur. We are honored to work alongside Summit Power International and this win is a vote of confidence for our standing and capability as the preferred marine services partner for LNG terminals.” Muhammed Aziz Khan, Chairman of SPI said, “Summit is the largest physical infrastructure company in Bangladesh generating 1,500 MW of electricity, 1,000 MW under construction and 2,400 MW under development. Bangladesh requires 15 million tons of LNG and Summit will provide infrastructure for that. For our first project of LNG, we are pleased to bring on board PSA Marine, a pre-eminent marine services provider, to support our venture to develop region’s fast growing LNG market. Summit Power has an excellent track record in working with world leading corporations to deliver the high standard projects and PSA Marine’s best-in-class services are a natural fit with our operational philosophy.” In 2017, Summit LNG has received a concession from Petrobangla, Bangladesh’s state-owned company, to develop a floating LNG terminal facility comprising of a storage and regasification unit connected to shore by a six-kilometre subsea pipeline, on a build, own, operate, transfer basis in Moheskhali, Cox’s Bazar to supply approximately 500 million cubic feet per day of natural gas to the national grid. This project is part of SPI’s US$ 1 billion investment programme to deliver 1,000 MW of power and gas in Bangladesh.
Category: Gas
DPDC pre-paid consumers to get recharge from Grameen Phone
January 5, 2018 Friday 6:26 PM By News Desk, energynewsbd.com
State-owned Dhaka Power Distribution Company Limited (DPDC) signed an agreement with mobile phone operator Grameen Phone (GP) for vending its pre-paid meter. Company Secretary of DPDC Jayanta Kumar Sikder and Head of Financial Services of GP Rasheda Sultana signed the agreement on behalf of their respective organisations at DPDC conference room in Bidyut Bhaban in Dhaka on December 31, 2017. DPDC consumers will be able to visit Grameen Phone authorised agent points with pre-paid meter smart card and recharge their smart card. Power Division Secretary Dr Ahmad Kaikaus, Managing Director of DPDC Engineer Bikash Dewan and Chief Corporate Affairs Officer of GP Mahmud Hossain were present at the signing ceremony. Power Division secretary Ahmad Kaikaus said that the power division planned to offer the technological advantages for recharging cards for ensuring hassle-free use of prepaid electricity meters across the country. DPDC Managing Director Bikash Dewan said that the service would offer more comfort to the prepaid electricity meter users as the GP service would run parallel to the DPDC’s current vending service. Initially, the vending service at retail shops will be available for the prepaid electricity consumers living in Lalbagh and Azimpur areas in Dhaka city while the service will be available in a month in the entire distribution area of the DPDC.
Category: Power
Move underway to create 9,000 MW power generation hub at Payra
December 25, 2017 Monday 1:49 PM By UNB
A move is underway to create a 9,000 MW power generation hub at Payra area of Patuakhali in the southwestern region of Bangladesh. Disclosing the plan, State Minister for Power and Energy Nasrul Hamid said Payra will be another power hub like the two others being created in Maheshkhali and Matarbari in Chittagong in the eastern region of Bangladesh. “We’ve drawn up the plan for Payra power hub considering the uplifting of the country’s southern region, which remained under-developed compared to other regions of the country,” he told reporters while visiting the construction site of a 1320 MW power plant, now being installed in the area. The state-owned North-West Power Generation Company Ltd (NWPGCL) is installing the 1320 MW coal-based power plant in joint venture with Chinese state owned company CMC (China National Machinery Import and Export Corporation). First unit of the plant, having two units of each 660 MW, is expected to come into commercial operation in April 2019 and second unit in October of the same year, said A M Khurshedul Alam, managing director of the NWPGCL. The state minister visited the plant site on Friday along with a group of journalists from Dhaka. NWPGCL and Forum for Energy Reporters Bangladesh (FERB) jointly organised the tour. NWPGCL officials informed that the construction works is now going on in full swing keeping in mind the timely completion of the project. Nasrul Hamid said about $160 billion is being spent for the project of which 80 percent is debt and 20 percent is equity investment by the Bangladesh side and Chinese side where each has 50% share. He said the proposed 9000 MW power hub will require about $12 billion investment where NWPGCL will implement some projects having total 6000 MW capacity. The remaining 3000 MW will come from investment by some other state-owned companies like RPCL and APSCL. The State Minister said the plant will use coal coming from Indonesia and Australia and the coal will be utilised in a process so that it would not create any pollution in the area. “This will be an absolutely cleanest power plant as coal will be stored in a covered area,” he said. The coal will be unloaded in the power plant’s own jetty and directly come to the plant through conveyer belt.  He also informed that the Payra will have not only coal-fired plants. Rather, it will have solar power and LNG-based power generation projects as well. Officials said NWPGCL will implement a 100 MW solar and 50 MW wind power project projects. The NWPGCL and CMC have formed a joint venture company— Bangladesh-China Power Company (Pvt) Limited (BCPCL) to implement the 1320 MW plant. It has already appointed a China-based consortium of NEPC and CECC as engineering, procurement and construction (EPC) contractor to install the project. An official of the Chinese consortium Zhu Yue Yong noted that about 6000 workers now remained engaged to set up the projects where 1500 are Chinese and 4500 are local Bangladeshis and so far 37 percent of the construction works were completed. He informed that they have completed the pilling works and now the boiler house is being built. Afterwards, the turbine and generator will be installed phase by phase.     
Category: Power
No gas in Dhamrai, Manikganj for 10 hrs on Monday
December 18, 2017 Monday 11:13 AM By UNB
Gas supply across a vast area of Dhamrai of Dhaka and Manikganj will remain off for 10 hours on Monday due to tie-in installation between existing gas pipelines and newly installed pipelines crossing Kaliganga river. According to a press release of the Titas Gas Transmission and Distribution Company Ltd, which is responsible for gas supply in greater Dhaka, the gas supply will be suspended from Bathuli of Dhamrai to Tepra DRS area of Manikganj, district town, Shibalaya, Aricha and adjacent areas of the district from 10:00 am to 8:00 pm. The supply will disrupt all kinds of consumers including household, commercial, industrial and CNG refueling stations in these areas.
Category: Gas
Summit Gazipur-II Power Ltd signs 300 MW project agreement with government
December 10, 2017 Sunday 11:01 PM By News Desk, energynewsbd.com
Summit Gazipur-II Power Ltd has signed a project agreement with Bangladesh government to supply 300 MW (net) of electricity for a period of 15 years at Bidyut Bhaban, Dhaka on Sunday. Under this agreement, Power Purchase Agreement (PPA) and Implementation Agreement (IA) were signed. The Power Purchase Agreement (PPA) was signed by Bangladesh Power Development Board (BPDB) Secretary Mina Masuduzzaman and Managing Director of Summit Gazipur-II Power Ltd Engr Md Mozammel Hossain. The Implementation Agreement (IA) was signed by Joint Secretary (Development) of Power Division Sheikh Foyzul Amin, Secretary of Power Grid Company of Bangladesh (PGCB) Md Ashraf Hossain and Managing Director of Summit Gazipur-II Power Ltd Engr Md Mozammel Hossain. State Minister for Power, Energy and Mineral Resources Nasrul Hamid was present as the chief guest while Secretary of Power Division Dr Ahmad Kaikaus was the special guest at the ceremony. Other senior officials such as Chairman of BPDB Engr Khaled Mahmood, Managing Director of PGCB Engr Masum Al-Beruni, Chairman of Summit Group Muhammed Aziz Khan, Vice-Chairman of Summit Group  Muhammad Latif Khan, Vice-Chairman of Summit Group Md Farid Khan, Additional Managing Director of Summit Corporation Faisal Khan,  Managing Director of Summit Power Limited  Lt General (Retd) Engr Abdul Wadud were also present. According to the agreement, by mid-2018, the Summit Gazipur-II Power Ltd will commence commercial operation. Earlier on August 10, 2017, the Summit Gazipur-II Power Ltd had received Letter of Intent (LOI) from the BPDB. Summit Gazipur-II Power Ltd is a joint venture project company of Summit Corporation Limited and Summit Power Limited (SPL), a publicly listed company in Bangladesh. Summit Gazipur-II Power plant is located in Kodda, Gazipur about 30 km away from Dhaka city. This will be a HFO fuel-based power plant that will run onefficient reciprocating engines from Wärtsilä, Finland. When it will be operational in mid-2018, it is expected to be the largest reciprocating engine run power plant in Bangladesh supplying 300 MW to the national power grid. At the same location, Summit is also constructing another power plant with 149 MW capacity.  
Category: Power
PM opens Rooppur Nuclear Power Plant construction work
November 30, 2017 Thursday 2:40 PM By BSS
Prime Minister Sheikh Hasina inaugurated the main construction work of the much-awaited Rooppur Nuclear Power Plant, the maiden nuclear plant of the country. She formally launched the main construction work of the plant by pouring concrete at the plant site at Rooppur in Ishwardi of northern Pabna district on Thursday. Science and Technology Minister Architect Yeafesh Osman, PM`s Economic Affairs Adviser Dr Moshiur Rahman, Energy Adviser Dr Towfique-e-Elahi Chowdhury, Security Adviser Major General (retd) Tariq Ahmed Siddiq, Chief of Army Staff General Abu Belal Muhammad Shafiul Huq, PM`s Principal Secretary Dr Kamal Abdul Naser Chowdhury, Science and Technology Secretary Md Anwar Hossain, Press Secretary Ihsanul Karim, Russian Ambassador to Bangladesh Alexander Ignatov, Russia`s state-run atomic energy body Rosatom`s Director General Alexey Likhachev, and project director of the plant Dr. Mohammad Shawkat Akbar and senior officials of Bangladesh and Russia were present on the occasion. The Rooppur plant is expected to add 2,400MW of electricity to the national grid by 2024, helping the country to meet an increasing demand for electricity. The mega project is being implemented by the state-run Bangladesh Atomic Energy Commission (BAEC) under the Science and Technology Ministry, with financial, technical and technological support by Russia through its state nuclear agency, Rosatom. The Bangladesh Atomic Energy Commission (BAEC) and Russian company, JSC Atomstroyexport, signed a general contract for construction of Rooppur Nuclear Power Plant (RNPP) on December 25 in 2015. BAEC Chairman Md Monirul Islam and Vice President of Atomstroyexport Vladimir N Savuskhin signed the contract on behalf of their respective organisations. Atomostroyexport, the contractor appointed by Russia`s state-owned atomic power body , Rosatom, will construct the RNPP at a cost of $12.65 billion, out of which, $10.1 billion has been fixed as base price, $1 billion for soil stabilisation and further cost, and the remaining $1.65 billion for price escalation. On December 15 in 2015, the government finalised the amount for the biggest-ever investment project in the country`s history by inking an initial agreement with Russia. Earlier in January 2013, an inter-governmental agreement was signed for the provision of a $500 million Russian loan to finance engineering design, site development and personnel training. On November 2, 2011, Bangladesh signed a deal with Russia`s state-owned nuclear giant Rosatom to construct the nuclear plant. Russia will provide all assistance under the agreement for setting up the plant, including providing the fuel and taking back the used fuel. A total of 262 acres of land have been acquired to set up two units of the plant with a capacity of 2,400-MW. On October 2, 2013, Prime Minister Sheikh Hasina laid the foundation stone of the Rooppur Nuclear Power Plant at Ishwardi in Pabna.
Category: Nuclear
Local school children celebrate Rooppur nuclear power plant’s ‘First Concrete’ with Flash Mob
November 28, 2017 Tuesday 9:52 PM By News Desk, energynewsbd.com
As the ceremony of first concrete pouring into the reactor building foundation of Rooppur Nuclear Power Plant in going to take place on November, 30, children from Rooppur High School organised a Flash Mob “I LOVE ROOPPUR” to raise awareness among the local people about the project, said a press release. More than 300 children wearing T-shirts and caps of Bangladesh’s flag color - green and red formed a live figure ‘I LOVE ROOPPUR’. The first concrete ceremony will mark the beginning of construction of Bangladesh’s first nuclear power plant at Rooppur and will witness the participation of the Prime Minister Sheikh Hasina and the Director General of Russia’s Rosatom State Atomic Energy Corporation Alexey Likhachev among others. The construction of the Rooppur Nuclear Power Plant (RNPP) is implemented under an intergovernmental agreement signed between Russia and Bangladesh in November, 2011. In December, 2015, ASE Group of Companies, an engineering division of ROSATOM State Atomic Energy Corporation, signed a contract to construct Rooppur NPP consisting of two VVER-1200 units with a capacity of 1200 MW each. VVER-1200 is a flagship nuclear reactor and a core product of Russia’s ROSATOM State Atomic Energy Corporation. The construction site is located 160 km from Dhaka on the east bank of the Padma river. The units-1 and 2 are expected to go into operation in 2023 and 2024 respectively.    
Category: Nuclear
Beximco purchases first LPG carrier in Bangladesh
November 26, 2017 Sunday 11:14 AM By News Desk, energynewsbd.com
Beximco Petroleum Limited, a concern of Beximco Group, has announced the purchase of the first LPG (Liquefied Petroleum Gas) carrying vessel in Bangladesh to travel on international waters with the National flag, the company said in a press release. The vessel, named BEXPETRO 1, with an LPG carrying capacity of 2700 MT will be the first Bangladeshi ship to directly procure LPG at source. This marks a major milestone not only for LPG operators in Bangladesh but also for the nation at large as this paves the way for a more cost-effective and efficient LPG supply chain. Led by Captain Alexander Fajardo, BEXPETRO 1 is expected to arrive in Bangladesh with its first shipment of LPG by the first week of December 2017.  With two more vessels of similar capacity already in the pipeline, this is a stepping stone for Beximco Petroleum’s strategic vision of becoming the premiere LPG operator in the country. Beximco Petroleum, in collaboration with Index Power and Energy (A Beximco company), has already set up a state-of-the-art ISO 9001 certified LPG plant in Mongla with a capacity of 3000 MT. Expansion work is underway for an additional capacity of 3000 MT at Mongla; another LPG terminal of 5000 MT capacity is being set up at Narayanganj. With a robust sales and distribution network, Beximco Petroleum is ready to cater to the rapidly growing LPG demand in the country.
Category: LPG
Summit signs $100m deal with consortium for LNG terminal
November 26, 2017 Sunday 10:59 AM By News Desk, energynewsbd.com
Summit LNG Terminal Ltd, a subsidiary of Summit Power International, signed a $100 million turnkey contract with a marine work contractor consortium recently. Under the contract signed, the consortium comprising of Geocean SAS and MacGregor will undertake a project for laying design, engineering, procurement, fabrication, installation and testing of the Fixed Infrastructure (FI) for its proposed Floating LNG Storage and Regasification Terminal (FSRT) at Moheskhali, Cox`s Bazar, said a press release. The project is to be completed in 16th month from day of signing the contract, according to a statement of the company issued on Tuesday. However, the statement did not say where and when the contract was signed. The FI will consist, among others, of Disconnectable Turret Mooring (DTM) plug for FSRU (floating storage and regasification unit) vessel system with anchors (suction piles), flexible riser with floatation and tether system, control and hydraulic umbilical, PLEM, Stern Mooring System (SMS) of FSRU vessel offshore pipelines and landfall works. In August 2017, Summit had signed Time Charter Party (TCP) agreement with Excelerate Energy for securing FSRU vessel. Summit Power International is a Singapore incorporated leading infrastructure developer and operator in South Asia. It comprises a group of businesses which develop, own and operate power generating assets and FSRU. Geocean, subsidiary of Entrepose Group, performs turnkey offshore projects under EPCI-type contracts in the oil and gas, mining, chemical industries as well as on the public works market. It builds coastal structural works for power stations, desalination plants, water treatment plants and offshore fields. MacGregor shapes the offshore and marine industries by offering world-leading engineering solutions and services with a strong portfolio of MacGregor, Hatlapa, Porsgrunn, Pusnes and Triplex brands.
Category: Power
Higher power tariff from December
November 23, 2017 Thursday 10:51 PM By UNB
The Bangladesh Energy Regulatory Commission (BERC) on an average raised retail power tariff by 5.3 percent or Tk. 0.35 per unit. It, however, decided not to raise bulk tariff. At present, average per unit cost of electricity at the retail level is Tk 6.49. After the increase, it will go up to Tk 6.84 per unit.    BERC Chairman Monwar Islam announced the decision saying that the new tariff will come into effect from December. The regulatory body announced its decision at 3 pm on Thursday on power tariff hike proposals placed by different state-owned companies. BERC chairman also said that the minimum charge of the consumers was withdrawn for which monthly power bill will be reduced of about 3 million “lifeline consumers.” This class of consumers monthly consumes 0-50 units each. Moreover, he said, retail tariff rate of about 6 million consumers under the Rural Electrification Board (REB) will remain unchanged. As a result, in total, there will be no hike in power tariff of about 38 percent consumers, claimed the regulator boss. The BERC had last raised the gas and powers tariff in September 2015 by 2.93 percent and 26.29 percent respectively on average at the consumer level. Under the new tariff structure, the residential consumers of 0-50 units will pay Tk 3.50 per unit while consumers of upto 75 units will pay Tk 4 per unit, consumers of 76-200 units at Tk 5.45 per unit, 201-300 units users will pay Tk 5.70 per unit, 301-400 units users Tk 6.02 per unit, 401-600 unit users Tk 9.30 per unit, and users above 600 units will pay Tk 10.70 per unit from December 2017.   Explaining the reason for not raising the bulk tariff rate, member of the BERC Mizanur Rahman said a number of adjustments were made in the expense of bulk consumers, which are mainly the power distribution companies that cut their increased expense. Secondly, about Tk 3600 crore of the government grant or subsidy was expected in the calculation of the bulk consumers which offset their cost enhancement and it does not need to increase the bulk rate, he said.       The PDB’s per unit revenue requirement was Tk 5.44 against the existing average bulk tariff of Tk 4.84 per unit. Mizan also said the government does not need to increase power tariff even if the costly imported LNG was supplied to the power plants as at that situation some dual fuel plants will run on imported gas, not by liquid fuel. He also admitted that if the government reduces the liquid fuel price, than it will give a scope to reduce the electricity tariff. Earlier, the Commission held a series of public hearings on their proposals from September 25 to October 5. It also held a special public hearing on power tariff reduction proposal placed by the Consumers Association of Bangladesh (CAB) to reduce the bulk power tariff. CAB has proposed reducing the bulk tariff price by Tk 1.32 per unit taking different measures and implementing the previous BERC order to ensure the purchase of lowest-cost electricity by Bangladesh Power Development Board (PDB). Earlier, the PDB proposed raising the power tariff by 15 percent per unit at the bulk level.
Category: Power
Deals signed to import 1600 MW power from Indian Adani Group
November 20, 2017 Monday 12:41 PM By News Desk, energynewsbd.com
The government recently signed two deals -- power purchase agreement (PPA) and Implementing Agreement (IA) -- with Indian giant power conglomerate Adani Power Ltd for importing 1600MW of electricity. Power Division Joint Secretary Faizul Amin, Bangladesh Power Development Board (BPDB) Secretary Mina Masud Uzzaman and Adani’s Business Development President Kandarp Patel signed the agreements at Bidyut Bhaban in Dhaka. The group’s wholly-owned subsidiary company Adani Power (Jharkhand) has signed a long-term power purchase agreement (PPA) for the net capacity of 1496 MW with Bangladesh Power Development board for 25 years, according to a company document submitted to Bombay Stock Exchange. The power supply under the PPA will be made from a new 1600 MW ultra-supercritical coal-based power plant to be set up by Adani Power (Jharkhand) at Godda, Jharkhand. Bangladesh will import the electricity from the Adani Power Limited-sponsored 1600MW plant at Jharkhand paying 8.612 US cents (Tk 6.890) per unit for a 25-year period, officials confirmed. Bangladesh is now importing 640MW of electricity from India at Tk 4.92 per unit on average. The government signed a Memorandum of Understanding (MoU) on August 11, 2015 with the Indian firm to import electricity.  The Indian company said it would invest $2.12 billion to set up the proposed power plant in Jharkhand with a view to exporting 1600MW of electricity to Bangladesh. The company is hopeful of installing the first unit of the plant within 44 months and the second unit within 50 months after signing a contract.
Category: Power
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